The 5th Annual General Meeting of
Bangladesh Development Bank Ltd. (BDBL) was held on June 15, 2015 Monday at the
Bank’s Head Office, Motijheel Dhaka.
The Chairman of the Board of Directors Md.
Yeasin Ali chaired the meeting. On behalf of the owner,Government of the
People’s Republic of Bangladesh, Md.Fazlul Haque, Additional Secretary, Bank
and Financial Institutions Division attented the meeting. The Board of
Directors of BDBL Dewan Nurul Islam MBA, FCA, Md. Khalilur Rahman Siddiqui, Md.
Fayekuzzaman, Quazi Murshed Hossain Kamal, Advocate Md.Abdus Salam, Prof. Dr.
Rustom Ali Ahmed and Syed Aftear Hussain Pear including Dr. Md. Zillur Rahman,
Managing Director, Mohammad Jalaluddin and Md. Wahiduzzaman Khandaker, Deputy
Managing Directors of BDBL were present in the meeting. BDBL earned Net Profit
Before Tax Tk.144.91 crore in 2014. The Earning Per Share (EPS) and Net Asset
Value per share (NAV) have also posted
uptick from TK.22.07 and TK.411.76 in 2013 to TK.28.23 and Tk.438.44 in 2014
respectively. The total Regulatory of the Bank has stood at Tk. 1305.37 crore
which is higher by TK.774.35 crore than the required capital Tk.531.02 crore.
During
the year, Bank sanctioned Tk. 435.34 crore, disbursed Tk. 430.85 crore and
recovered Tk. 370.21 crore. Due to adoption of laudable steps, percentage of
classified loan declined than that of the previous year. It is noteworthy to
mention here that there is no provision shortfall against this classified loan.
(Source: Press Release)
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